M3 Wealth Management LLC Invests $4.21 Million in Vanguard FTSE Developed Markets ETF $VEA

M3 Wealth Management LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 67,326 shares of the company’s stock, valued at approximately $4,206,000. Vanguard FTSE Developed Markets ETF accounts for approximately 3.3% of M3 Wealth Management LLC’s portfolio, making the stock its 6th biggest position.

Other large investors have also modified their holdings of the company. TL Private Wealth raised its stake in Vanguard FTSE Developed Markets ETF by 1.7% in the fourth quarter. TL Private Wealth now owns 9,396 shares of the company’s stock valued at $606,000 after buying an additional 155 shares in the last quarter. Belpointe Asset Management LLC raised its stake in Vanguard FTSE Developed Markets ETF by 0.5% in the fourth quarter. Belpointe Asset Management LLC now owns 34,529 shares of the company’s stock valued at $2,157,000 after buying an additional 162 shares in the last quarter. Spire Wealth Management raised its stake in Vanguard FTSE Developed Markets ETF by 0.6% in the fourth quarter. Spire Wealth Management now owns 27,194 shares of the company’s stock valued at $1,699,000 after buying an additional 163 shares in the last quarter. Twelve Points Wealth Management LLC raised its stake in Vanguard FTSE Developed Markets ETF by 0.9% in the fourth quarter. Twelve Points Wealth Management LLC now owns 18,902 shares of the company’s stock valued at $1,220,000 after buying an additional 166 shares in the last quarter. Finally, Wealth Management Nebraska raised its stake in Vanguard FTSE Developed Markets ETF by 2.1% in the third quarter. Wealth Management Nebraska now owns 8,237 shares of the company’s stock valued at $494,000 after buying an additional 170 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Vanguard FTSE Developed Markets ETF stock opened at $71.78 on Wednesday. Vanguard FTSE Developed Markets ETF has a 1-year low of $54.63 and a 1-year high of $71.88. The stock has a market cap of $230.22 billion, a PE ratio of 16.34 and a beta of 0.83. The stock’s fifty day moving average is $67.42 and its two-hundred day moving average is $65.46.

Vanguard FTSE Developed Markets ETF Company Profile

The Vanguard Developed Markets Index Fund (VEA) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap weighted index of large-, mid- and small-cap stocks from developed markets outside the US. VEA was launched on Jul 20, 2007 and is managed by Vanguard.